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Climate change is an existential threat to the world economy like no other, with complex, evolving and nonlinear … dynamics that remain a source of great uncertainty. There is a bourgeoning literature on the economic impact of climate change …, but research on how climate change affects sovereign risks is limited. Building on our previous research focusing on the …
Persistent link: https://www.econbiz.de/10013250076
capital, stock of brownenergy in the ground, and emissions. Given the numerous challenges to climate change policiesthe …
Persistent link: https://www.econbiz.de/10012895108
scale up climate change mitigation and adaptation. In particular, the empirical analysis indicates that increasing energy …, the advantages of reducing the risks associated with climate change and the health benefits from higher environmental … quality clearly outweigh the potential cost of climate change mitigation and adaptation in the short run. The additional …
Persistent link: https://www.econbiz.de/10014076817
In this paper, we study the international diffusion of carbon pricing policies. In the first part, we empirically examine to what extent the adoption of carbon pricing in a given country can explain the subsequent adoption of the same policy in other countries. In the second part, we quantify...
Persistent link: https://www.econbiz.de/10014082212
This paper inquires into how individual attitudes to climate issues and support for climate policies have evolved in … shows that the experience of the COVID-19 pandemic increased concern for climate change and public support for green … economies to implement bolder climate policies. The study also finds that support for climate policies decreases when a person …
Persistent link: https://www.econbiz.de/10013294995
There are demands on central banks and financial regulators to take on new responsibilities for supporting the transition to a low-carbon economy. Regulators can indeed facilitate the reorientation of financial flows necessary for the transition. But their powers should not be overestimated....
Persistent link: https://www.econbiz.de/10013306708
Background paper prepared for the October 2020 IMF World Economic Outlook. This paper provides a detailed presentation … of the simulation results from the October 2020 IMF World Economic Outlook chapter 3 and an additional scenario with …
Persistent link: https://www.econbiz.de/10013306768
diffusion this is insufficient to avoid catastrophic climate change. But when innovation can diffuse overseas, long …
Persistent link: https://www.econbiz.de/10013306786
Are policies designed to avert climate change (Climate Change Policies, or CCPs) politically costly? Using data on …
Persistent link: https://www.econbiz.de/10013306798
Climate change is a major threat to the sustainability and inclusiveness of our societies, and to the planet …’s habitability. A just transition to a low-carbon economy is the only viable way forward. This paper reviews the climate change … challenge. It stresses the criticality of systems changes (energy, transport, urban, land use, water) in a climate …
Persistent link: https://www.econbiz.de/10013306807